Energy News

Enbridge Energy Partners LP has closed on the sale of 12 natural gas pipeline assets to American Midstream Partners LP for $151 million.

ROSEMEAD, Calif. - California utility operator Edison International said Friday its third-quarter profit fell on lower earnings at its Edison Mission Group.

Global power company AES Corp. said Friday it is selling a 15 per cent stake in itself to China's investment arm for $1.58 billion in a move to raise cash to develop projects around the world.

The Nuclear Regulatory Commission has extended the operating license for two nuclear reactors in western Pennsylvania by 20 years each.

Shell Oil Co. will pay $19.5 million in civil penalties and fees to settle a state complaint involving hundreds of environmental violations at its California gas stations.

Louis-based utility company Ameren Corp. is cutting about 300 jobs -- or about 3 percent of the company's 9,700 total work force.

Iraq signs a deal with Exxon Mobil executives in Baghdad to bag initial rights for development of the country's West Qurna field.

Raising money to help families unable to pay their electric bills is as easy as pie -- pumpkin pie, that is!

A total of $593 was raised Thursday evening at Taste of Osceola, an annual food-tasting event hosted by the Kissimmee/Osceola County Chamber of Commerce.

The Toronto stock market was little changed early Thursday morning as commodity stocks retreated amid some positive U.S. employment data that came a day before the release of the government's unemployment report.

Suncor Energy Inc. is reporting third quarter net earnings of $929 million, or 74 cents per common share, in its first quarterly earnings report since merging with Petro-Canada. That compares to net earnings of $815 million, or 87 cents per common share, in the year-ago period.

The Virginia Supreme Court has upheld permits for construction of the Virginia portion of a multistate power line.

Net income at Canadian Natural Resources Limited tumbled from year-ago levels in the third quarter as the company felt the impact of a harsh natural-gas market and high production costs.

The House Ethics Committee cleared Rep. Heath Shuler, D-Waynesville, Thursday of any wrongdoing for his role in a land deal involving the Tennessee Valley Authority.

A consortium grouping U.S. and European oil giants Exxon Mobil Corp. and Royal Dutch Shell PLC on Thursday signed a $50 billion deal to develop one of Iraq's most prized oil fields, as the OPEC nation looks to revamp its battered energy sector.

State regulators are fining a Houston-based company because its natural-gas drilling operations polluted residents' water wells in northeastern Pennsylvania.

State-owned Sinopec Corp. said Thursday it has reached a preliminary agreement with Exxon Mobil Corp.

North Carolina regulators have denied a request by environmental groups to revoke Duke Energy Corp.'s permit for coal-fired generators at its new power plant in the western part of the state.

One of the huge pine trees that surrounded Sieglinde Poegel's home of 42 years crashed through the roof and landed in her living room during the ice storm that crippled much of the Northeast last December.

With winter approaching, customers of Alabama Gas Corp. are going to pay lower rates for heating their homes, the fourth cutback in the past 12 months.

The Canadian Press/ Handout photo CALGARY - As Enbridge Inc. glides through what it anticipates will be "the strongest growth year in the company's history," the pipeline and gas distribution firm has increased its 2009 guidance and is exuding confidence it can maintain steady growth into the next decade.